Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,860,000

· Closed March 21, 2025

Closed For Sale Condo

$3,860,000

$1,993 per sq ft

447 W 18th Street #PH12B

Chelsea, Manhattan

MLS® #RLS11026486

RLS at REBNY

Listing by Compass

3

Bedrooms

2.5

Baths

1,937

Sq. Ft.

2009

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3 full, 1 half
Living Area 1,937 sq ft
Year Built 2009
Ownership Condo
HOA/Common Charges $2,941/mo
Property Taxes $59,268/yr
Neighborhood Chelsea
Floor 1 of 12

Property Highlights

  • Exposure: East,North,South facing
  • Outdoor Space: Balcony, Rooftop
  • Fireplace: 1 fireplace

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 2 Full, 1 Half
Floor 1 of 12
Exposure East,North,South
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2009
Living Area 1,937 sq ft
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00716/1247

Listing History

Event Date Price Change
Listed Dec 29, 2024 $3,995,000 -
Price Reduced Mar 25, 2025 $3,895,000 -2.5%
Currently Apr 27, 2026 $3,860,000 -0.9%

Description

Newly renovated West Chelsea Penthouse with a highly coveted 883sqft large roof terrace with 360 degree Empire State and Downtown views is complete with a gas BBQ grill, outdoor Gagganau kitchen and hidden speakers. Sharing a semi-private floor, PH12B is a top floor residence built to the level of luxury finish that is rarely available on the market. With 1937sqft this convertible 2/3 bedroom home with 2.5 baths (with pre-approved 3 bed, 3 bath conversion plans) was designed with superb custom finishes including an eat-in kitchen by Milan-based Studio Minimal with white and steel Blanco and Pegasus fixtures, Miele range dishwasher and wine cooler, SubZero fridge, and Viking stove. The Principal bedroom has an electronically-controlled 5-fixture en-suite bath by Rainbrain, Starck soaking tub and dual vanity and Toto toilets. Architecturally-designed floating glass stairway leading to the Italian custom glass sunroom, which opens up onto the roof terrace. Other luxury high-tech touches include a Savant home control with 24 hidden indoor and outdoor speakers, a brand-new HVAC system, Bluetooth controlled lighting and washer-dryer. Primarily a South-facing Penthouse, there are 3 exposures total, including North and East facing views. Situated on a prime West Chelsea block, PH12B is only a 3 minute walk to Chelsea Market, Meatpacking District, Hudson River Park, the Highline and Chelsea Piers. Bookended by the most exciting downtown neighborhoods, such as the West Village and Hudson Yards, every imaginable luxury dining, shopping and wellness is at your fingertips. With the highly anticipated Faena Hotel opening just across the street, the neighborhood continues to be elevated as a global luxury corridor. Between world-class neighborhoods, such as West Village and Hudson Yards. PH12B is perfect oasis to have the world at your fingertips. Chelsea Modern is served by 24-hour doorman , cold storage, bike storage, and a gym. Equinox Fitness is also 2 blocks away. Storage included. Lobby/amenities renovation is underway, renderings included in photos.

Features & Amenities

Interior Features

Kitchen Island Pantry Recessed Lighting Sound System Soaking Tub Walk In Closets Building Washer Dryer Install Allowed In Unit Flooring: Hardwood Fireplace (1)

Exterior Features

Balcony Private Outdoor Space Over60 Sqft Balcony Rooftop

Appliances

Cooktop Dishwasher Freezer Refrigerator

Building Information

Building Data View Compliance & Permits
Total Units 27
Stories 12
Structure HighRise

Financial Details

Common Charges $2,941/mo
RE Taxes $59,268/yr ($4,939/mo)
Original Price $3,995,000
Sale Price $3,860,000
Previous Price $3,895,000

Chelsea is the epicenter of New York’s contemporary art world and a hub for innovative architecture. Home to the High Line and Chelsea Market, the neighborhood mixes industrial history with modern luxury. The real estate market here is dominated by high-end condominium developments designed by world-renowned architects, alongside historic pre-war lofts and historic townhouses in the Chelsea Historic District.

Chelsea Live Market Data

View Neighborhood

Active Listings

308

Median Asking Price

$1.84M

Median $/Sqft

$1,746

Avg Days on Market

N/A

New This Week

20

Price Reduced

31%

Sold (30 Days)

34

Median Sale Price

$2.05M

Live data from RLS at REBNY • Updated 4/27/26, 6:47 AM EST

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Location

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447 W 18th Street #PH12B, Chelsea, New York County

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Building Information

Official NYC property records for this building

1930
Year Built
96 years old
3
Floors
R5B
Zoning District

Tax & Assessment

Assessed Value: $680,400
Land Value: $35,100
Exemptions: $680,400

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 5,008 SF
Building Area: 16,000 SF
Built FAR: 3.19
Allowed FAR: 1.5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $2,941 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $59,268, or roughly $4,939 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 1,937 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2009, making it approximately 17 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $3,860,000 for 1,937 sq ft, the asking price per square foot is approximately $1,993. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS11026486
First Listed: 12/29/2024
On Market: 12/29/2024
Price Changed: 3/25/2025
Closed: 3/21/2025
Contract Date: 12/12/2024

Listing Courtesy of Compass - Julie Pham

Listing Contact: (917) 517-8123

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/27/2026 at 10:47 AM UTC

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